CHAIRMAN STATEMENT 2017

The year 2016 has been a complex and challenging period for the Vision International People Group.

The main markets of the Group are Russian Federation, CIS and Vietnam and Vision continues facing the effects of geopolitical and economic problems that especially concern these markets. In 2016 the Group was also experiencing difficulties relating to the areas of operational management, maintaining the supply of goods and launching new products as well as a need to update and enhance the organizational structure, which requires clearer allocation of functional responsibilities and more efficient interaction and information sharing between the departments.

The Company keeps working on strengthening its relationship with the distributors providing Vision network with comprehensive and active marketing support, promotions and essential tools for promoting the Company’s products and business offer to potential newcomers and customers especially through the means of digital communications.